HZR will have very similar pattern to Plug Power and other H2 stocks in the US. Their fundamentals are way better than HZR and they've all lost over 50% from high. According to the current H2 stocks outlook, HZR will lose at least 50% from high, which is in line with my chart analysis (94c first target).
You will see a high volume sell off when $1 is broken. The bottom will be formed after that, but it will be a very long consolidation period.
HZR will have very similar pattern to Plug Power and other H2...
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $85.14M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 36.0¢ | $249.6K | 672.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4000 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 27178 | 3 |
View Market Depth
| Last trade - 15.55pm 28/06/2024 (20 minute delay) ? |
| HZR (ASX) Chart |